Insolvencies in Central and Eastern Europe

Panorama Insolvencies in Central and Eastern Europe

Companies in the Central and Eastern Europe are experiencing a truly favorable time: satisfactory economic growth, less unemployment, all of that coupled with great private consumption as well as a rise in investments. Obviously, this led to less insolvencies. Still, the pre-2008 situation has yet to be reached, with for instance insolvency levels almost 4 times higher than pre-crisis in the Czech Republic. Nevertheless, this encouraging situation should last, as proven by the upgrade of many countries, gravitating between A3 and A4, thus granting them acceptable risk levels. With a 5.3% decrease in insolvencies expected for the full year 2016, the CEE countries have a much brighter future than many other emerging economies. Read the details of each country in this study.

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